The remarkable expansion of supply chains (SCs) over the past few decades has contributed to the rapid economic growth of the global economy. However, this interconnectedness has also rendered the involved countries and economies vulnerable to various shocks. Increased economic interdependency heightens the likelihood of adverse effects from disruptions. Cases in point include the COVID-19 pandemic, which led to a decline in production across a variety of sectors, and geopolitical conflicts that have resulted in export restrictions. This session aims to discuss past experiences of SC disruptions in Japan, the U.S., and other countries, as well as to examine future impacts and potential mitigation strategies.
Information
Date: October 4 (Wednesday), 10:00 AM - 12:00 PM
Venue: PIIE, Bergsten Conference Center
Agenda
10:00-10:10 Opening Remarks by Adam Posen (PIIE)
10:10-11:00 First Session - "Supply Chain Shocks"
10:10-10:30 Presentation: "Simulation Study of a Supply Chain Disruption on the Japanese Economy" by Yasuyuki Todo (Faculty Fellow, RIETI / Professor, Waseda University)
10:30-10:45 Discussion by Mary Lovely (Senior Fellow, PIIE)
10:45-11:00 Q&A
11:00-11:50 Second Session - "Critical Minerals"
11:00-11:20 Presentation: "Japan’s Strategy for Achieving Resilience in Supply Chains Involving Metals" by Mr. Ryo Nasu (General Manager, Japan Organization for Metals and Energy Security (JOGMEC))
11:20-11:30 Discussion by Cullen Hendrix (Senior Fellow, PIIE)
11:30-11:40 Discussion by Adnan Mazarei (Nonresident Senior Fellow, PIIE)
11:40-11:50 Q&A
11:50-12:00 Closing Remarks by Shujiro Urata (RIETI)
